Park Place Capital Corp Has $7.78 Million Stock Holdings in Aptus Drawdown Managed Equity ETF (BATS:ADME)

Park Place Capital Corp boosted its holdings in shares of Aptus Drawdown Managed Equity ETF (BATS:ADME) by 37.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 166,592 shares of the company’s stock after purchasing an additional 45,483 shares during the period. Aptus Drawdown Managed Equity ETF comprises approximately 2.2% of Park Place Capital Corp’s holdings, making the stock its 9th largest holding. Park Place Capital Corp owned about 4.28% of Aptus Drawdown Managed Equity ETF worth $7,782,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in Aptus Drawdown Managed Equity ETF by 20.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,046 shares of the company’s stock worth $141,000 after purchasing an additional 511 shares during the period. Maripau Wealth Management LLC grew its position in shares of Aptus Drawdown Managed Equity ETF by 107.2% during the third quarter. Maripau Wealth Management LLC now owns 19,605 shares of the company’s stock valued at $906,000 after purchasing an additional 10,141 shares in the last quarter. United Advisor Group LLC grew its holdings in Aptus Drawdown Managed Equity ETF by 15.7% during the 3rd quarter. United Advisor Group LLC now owns 20,159 shares of the company’s stock valued at $931,000 after buying an additional 2,743 shares in the last quarter. Finally, ORG Partners LLC increased its position in Aptus Drawdown Managed Equity ETF by 1.5% in the third quarter. ORG Partners LLC now owns 266,395 shares of the company’s stock worth $12,308,000 after purchasing an additional 3,972 shares during the last quarter.

Aptus Drawdown Managed Equity ETF Trading Up 2.3 %

Shares of Aptus Drawdown Managed Equity ETF stock opened at $48.26 on Wednesday. The business has a 50 day moving average of $47.52 and a 200 day moving average of $46.10. The stock has a market cap of $187.74 million, a PE ratio of 25.16 and a beta of 0.85.

Aptus Drawdown Managed Equity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.0427 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Aptus Drawdown Managed Equity ETF Profile

The Aptus Drawdown Managed Equity ETF (ADME) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to select large-cap US stocks that exhibit positive fundamental and momentum characteristics combined with a downside hedge. ADME was launched on Jun 8, 2016 and is managed by Aptus.